Digilife Technologies (Germany) Probability of Future Stock Price Finishing Over 0.79
| MZZ1 Stock | EUR 0.77 0.08 9.41% |
Digilife |
Digilife Technologies Target Price Odds to finish over 0.79
The tendency of Digilife Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over € 0.79 or more in 90 days |
| 0.77 | 90 days | 0.79 | about 66.95 |
Based on a normal probability distribution, the odds of Digilife Technologies to move over € 0.79 or more in 90 days from now is about 66.95 (This Digilife Technologies Limited probability density function shows the probability of Digilife Stock to fall within a particular range of prices over 90 days) . Probability of Digilife Technologies price to stay between its current price of € 0.77 and € 0.79 at the end of the 90-day period is about 9.81 .
Assuming the 90 days trading horizon Digilife Technologies Limited has a beta of -0.49. This indicates as returns on the benchmark increase, returns on holding Digilife Technologies are expected to decrease at a much lower rate. During a bear market, however, Digilife Technologies Limited is likely to outperform the market. Additionally Digilife Technologies Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Digilife Technologies Price Density |
| Price |
Predictive Modules for Digilife Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Digilife Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Digilife Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Digilife Technologies is not an exception. The market had few large corrections towards the Digilife Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Digilife Technologies Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Digilife Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.12 |
Digilife Technologies Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Digilife Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Digilife Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Digilife Technologies generated a negative expected return over the last 90 days | |
| Digilife Technologies has some characteristics of a very speculative penny stock | |
| Digilife Technologies has high historical volatility and very poor performance | |
| The company reported the revenue of 234.74 M. Net Loss for the year was (4.95 M) with profit before overhead, payroll, taxes, and interest of 4.14 M. | |
| About 90.0% of the company outstanding shares are owned by corporate insiders |
Digilife Technologies Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Digilife Stock often depends not only on the future outlook of the current and potential Digilife Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Digilife Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.5 M |
Digilife Technologies Technical Analysis
Digilife Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Digilife Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Digilife Technologies Limited. In general, you should focus on analyzing Digilife Stock price patterns and their correlations with different microeconomic environments and drivers.
Digilife Technologies Predictive Forecast Models
Digilife Technologies' time-series forecasting models is one of many Digilife Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Digilife Technologies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Digilife Technologies
Checking the ongoing alerts about Digilife Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Digilife Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Digilife Technologies generated a negative expected return over the last 90 days | |
| Digilife Technologies has some characteristics of a very speculative penny stock | |
| Digilife Technologies has high historical volatility and very poor performance | |
| The company reported the revenue of 234.74 M. Net Loss for the year was (4.95 M) with profit before overhead, payroll, taxes, and interest of 4.14 M. | |
| About 90.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Digilife Stock
Digilife Technologies financial ratios help investors to determine whether Digilife Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Digilife with respect to the benefits of owning Digilife Technologies security.